Income discount in detail

We offer 50% discount on your annual fees if you meet all the following eligibility criteria:

  • You’re registered with or without a licence to practise.
  • You pay a fee that has not already been discounted.
  • Your gross taxable income from all sources during your registration year is less than £32,000.

We define income as your gross annual worldwide taxable income from all sources, including:

  • pensions
  • investment income
  • maternity pay
  • sick pay
  • any kind of benefit, excluding child benefit.

You should calculate your income between your annual retention fee dates, not your income earned in the tax year.

For example: If your annual retention fee due date is 1 August and you're applying for the year 2021–22, you’d calculate your actual or expected income from 1 August 2021 to 31 July 2022.

You must submit a separate application each year to receive this discount.